How much is a gold ring worth?

Answers:1   |   LastUpdateAt:2012-04-16 06:51:32  

Question
llama
Asked at 2012-04-16 06:50:19
How much is a gold ring ?
Answer1MarianAnswered at 2012-04-16 06:51:32
To calculate the value of a gold ring , simply perform a mathematical equation on the basis of the following: How many carats of gold is in the ring? The highest is 24 carats. Take the amount recorded on the ring carats and divided by 24 . In other words , a ring of 14 karat gold would be 14/24 . Multiply that by the weight of the ring in ounces. Take the final product and multiply that by the current price of gold. That will give the value.
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